Effective July 1, 2017, North Dakota will expand the definition of “Farm Machinery” to include machinery, equipment and materials used exclusively in a milking operation of a dairy farm. In North Dakota, sales of new farm machinery sold exclusively for agricultural purposes are taxed at a lower tax rate of 3% compared to the general […]
North Dakota’s sales and use tax exemption for tangible personal property used to construct or expand telecommunications service infrastructure is set to expire on June 30, 2017. This exemption covers cell towers, switching equipment, cable, and other infrastructure items used directly in delivering telecommunication services and owned by a telecommunications company. In order to receive […]
West Virginia’s State Tax Department has released a new publication TSD-100, “West Virginia Business Taxes.” The publication provides guidance to Business who need to register for business tax purposes. The six page document is merely instructive and does not function as a legal document. The last time West Virginia published a similar document was November, […]
We are seeing a lot of vendor scope evolution on the market. Examples include EDI vendors that are developing business network-style services; another one is that platforms focused on procurement of indirect supplies are moving into strategic sourcing and vice versa. A trend that receives less attention from analysts and specialized press is the journey […]
New Jersey’s limousine industry won a major legislative battle on February 10, 2017, when Governor Chris Christie signed into a law a bill eliminating sales tax on intra-state limousine services. The tax had been in force since 2006, surviving several challenges in the state legislature. It will officially be phased out on May 1, 2017. […]
Utah has recently enacted legislation which will increase the Prepaid Wireless 911 Service Charge from 1.90% to 2.45% effective July 1, 2017. The legislation also further increases the Prepaid Wireless 911 Service Charge to 3.30% on January 1, 2018. Sellers are required to collect the Prepaid Wireless 911 Service Charge on all sales of prepaid […]
This summary of our Sovos Tax Tuesday webinar addresses the challenges that IT managers face, and solutions to managing sales and use tax compliance. On March 28, I was joined by Chuck Maniace and Mark Christenson to present a webinar on challenges to IT managers in supporting sales and use tax compliance. We took a […]
Amazon sellers will now have to collect and remit sales tax in every state in which it is required. What are the business implications? Amazon completed its 180-degree turn on sales tax policy this week, agreeing to voluntarily collect sales and use tax in every state that imposes such requirements. While this development does not […]
There are still many who view the convenience of online shopping as the real lure of Internet shopping rather than the presence or absence of sales tax. While many people shop online for convenience, others turn to e-commerce to avoid paying sales tax. According to the Supreme Court case Quill v. North Dakota, retailers are […]
Proposed bills and rules around nexus are being discussed and debated in state capitals across the country. The evolution of ecommerce continues to place pressure on the nexus standard. As states search for avenues to collect and remit tax, businesses face expanded sales tax compliance responsibilities. With recent proposed legislation, both Utah and Wyoming took […]
In our most recent Tax Tuesday webinar, Ashley Brody and I took a hard look at the most common filing challenges facing today’s manufacturers. We described the trends that we hear about every day from tax professionals and recommended some best practices for staying on top of rapidly changing filing requirements. In addition to the […]
Online sellers around the country have been waiting for nearly a year to see if Colorado’s controversial use tax notice law, which some characterize as a contrast to the Supreme Court’s physical presence standard, would stand up to an aggressive legal challenge. And it did! As we detailed last week in this post, after two […]
In a perpetually evolving tax landscape, tax administrators are constantly pushing the traditional bounds of the collection responsibility of taxpayer. The most recent developments are set against the backdrop of the current “physical presence” standard and state and federal attempts to repeal or overturn the Supreme Court case of Quill v. North Dakota. Quill and […]
Final Disposition of DMA v. Brohl Litigation Could Pave the Way for Vendor Notice Rules. On December 12, 2016 the United States Supreme Court denied certiorari to review the Tenth Circuit’s holding in Direct Marketing Association v. Brohl, No. 12-1175 (10th Cir. Feb. 22, 2016). By denying cert the Court essentially let stand the lower […]
Effective November 1, 2016, the District of Columbia (DC) is imposing a paint recovery fee (also known as a PaintCare fee) on qualifying architectural paint products. This new PaintCare fee will make compliance slightly more difficult for paint retailers accustomed to the current size-based product fee structure. History PaintCare fees are nothing new in the […]
Wondering if your online retail business is ready for tax compliance during this year’s holiday season? Be sure to check out these top seven tips from Matt Walsh, Vice President of Tax at Sovos Compliance. Read Matt’s entire article on Website Magazine.
Does your company have an AP (accounts payable) tax compliance process in place? Why is this critical? If you don’t have a complete process in place, you may be at risk for audit and penalties. What is a Reverse Audit? A reverse audit is typically undertaken by tax practitioners and is similar in many ways to […]